Member Info for sharesport

I just wanted to post a note of thanks to those that took the time to post questions in advance of the AGM. Having read the Q&A in slow time I am happy with the content and the progress particularly against the backdrop of the current normality. In broad terms they have done everything they said they were going to do against the current backdrop. No furloughed staff is a good indicator. Stay safe and keep the faith LTH's.

Interesting Price Movement today - GLAH

Yawn

maybe good news on the way

Nice 3,750,000 buy after close yesterday.

Climate change: 'Bath sponge' breakthrough could boost cleaner cars
A new material developed, by scientists could give a significant boost to a new generation of hydrogen-powered cars.
Like a bath sponge, the product is able to hold and release large quantities of the gas at lower pressure and cost.
Made up of billions of tiny pores, a single gram of the new aluminium-based material has a surface area the size of a football pitch.
The authors say it can store the large volume of gas needed for practical travel without needing expensive tanks.
In 2017, CO2 emissions from cars, trucks, airplanes and trains, overtook power plants as the largest source of US greenhouse gas emissions.
As well as developing electric vehicles, much focus has been on hydrogen as a zero emissions source of power for cars.
The gas is used to power a fuel cell in cars and trucks, and if it is made from renewable energy it is a much greener fuel.
Now researchers believe they have developed an alternative method that would allow the storage of high volumes of hydrogen under much lower pressure.
The team have designed a highly porous new material, described as a metal-organic framework.
The product, with the glamorous name of NU-1501, has been built from organic molecules and metal ions which self-assemble to form highly crystalline, porous frameworks.
The researchers say there is now funding available to develop this type of material for transport applications.
The new material has already beaten tough targets set by the US Department of Energy for on board storage and delivery systems for alternative fuels.
But to go further, the scientists will need significant buy-in from car manufacturers.
https://www.bbc.co.uk/news/science-environment-52328786?intlink_from_url=&

Part 2 - I have included some BIK guidance from Parkers below. So the question is will the tax changes and low road tax start tipping the balance towards changing from Petrol and Diesel.

Benefit in Kind Guidance
https://www.parkers.co.uk/company-cars/what-is-bik/

As an example, the 2020 Mercedes-Benz GLB 200 d AMG Line has a P11D value of £36,535 and emits 133g/km of CO2, putting it in the 30% BIK band. Therefore, the BIK value is £33,535 x 30% = £10,961

To get the amount your company car will cost you in tax per year, you then multiply the BIK value by your income tax banding.

Therefore, a base rate taxpayer in the GLB will pay £10,961 x 20% = £2,192 per annum. For a 40% taxpayer, the calculation is £10,961 x 40% = £4,384 per annum.

When this car is registered will affect the rate paid after 2020. If registered before 6 April 2020, BIK is fixed at 31% for the next three years. If registered after 6 April 2020. BIK is 29%. rising to 31% over the same period.

Choose an electric car for 2020, and you'll pay no BIK in the first year, and just 2% in the third.

Morning All, I read some interesting articles on Tax changes & installation of charging bays yesterday which I summarise below (Part 1):
CAR TAX changes introduced this April may require companies to install extra charging stations for an expected increase in electric vehicles, according to experts.
The "long needed" car tax breaks will help “incentivise” electric cars and will likely boost take-up of models as prices are slashed, according to EV experts Cenex. However, this could cause businesses to install new charging stations due to increased demand.
Car tax updates introduced this April have been geared towards increasing the number of electric vehicles on the roads.
Benefit in kind company car tax rates have been completely scrapped from 16 percent to zero which will see EV upfront costs come into line with petrol and diesel models.
Petrol and diesel vehicles are also set for car tax rises under the scheme as changes to how vehicle emissions are calculated have been introduced.
This could turn motorists away from traditional vehicles into buying electric models which boast extra financial incentives.
However, this could put pressure on electric charging stations which may not be able to cope with an increase in demand.
Rob Anderon, spokesperson for electric car specialist Cenex said companies may need to make decisions on installing points if they begin to see a shift away from traditional cars.
“If companies start to see that shift, from current petrol and diesel company car users into electric vehicles, they’ll have to investigate the possibility of installing more charge points at work.
“In addition, if employees shift from cash for car allowances, or are new to the company car scheme, and select an electric car because of that tax benefit, then you have even more demand for charge points.
“Companies need to assess if they have the space to install new or additional charge points– be it standard or rapid – and then implement policies to manage those spaces.”
“This change has long been needed as the previous benefit in kind tax regime didn’t benefit low emission vehicle users.
“Now there’s a huge amount to gain and more company car drivers are likely to make the switch, if not for the environment but for the cash in their pocket.”
https://www.express.co.uk/life-style/cars/1268410/car-tax-changes-2020-electric-vehicle-charging-stations

I am not interested in reading any of your posts Fred. End of.

I have just noticed the 690,000 / £111k buy from Thursday. One of the biggest trades I have seen for a while. There was also a 500,000 sell the same day which sits along with the 500,000 buy earlier in the week.

23 March
The Subscription provides AFC Energy with additional financial liquidity from one of its primary shareholders to see it through the possibility of a prolonged COVID-19 pandemic in the UK, reconfirming the Company's COVID-19 update to the market on 19 March 2020.

11 Nov
Alkamem
Adam Bond, Chief Executive Officer at AFC Energy, said "We have been working on the AlkaMemTM membrane over the past 24 months and have now made significant strides forward in demonstrating the commercial value this technology can bring to AFC Energy. From our technology development roadmap, we have been delighted by the number of commercial success criteria the AlkaMemTM technology has already evidenced both in fuel cell and alternative applications. We have also been encouraged by the early market interest shown in the product and its applications".

"With strong growth expected in alkaline water electrolysis in the coming years and the already evidenced expansion of energy storage, we believe AlkaMemTM, whilst initially developed exclusively "by us, for us", offers a true value proposition which we will aggressively seek to exploit through a sales, partnership and licensing model with our customers."

Cornerstone Investor?

Hi Piltick, from what I read they are a long long way behind where PHE are now in terms of development and process.

Thanks Kenny and same to you mate - appreciate the updates

But no country which has set a net zero target yet has a credible plan for achieving it. But can
COVID-19 make the world reimagine a life without fossil fuels?
In November COP26 was due to take place in Glasgow with Britain in the chair. This delay, which is
understandable in the unique circumstances created by Covid-19, must be used to ensure that when
it eventually takes place COP26 commits the world to the most far reaching programme of carbon
reduction measures ever contemplated.
Britain, in its capacity as President of the meeting, should seize the opportunity caused by the
postponement to demonstrate its diplomatic skills by brokering as much agreement in advance as
possible. Maybe a virtual summit meeting of heads of government could take place in November at
which the UK could set out its aspirations for what COP26 will achieve in the summer of 2021?
In one respect COVID-19 is creating an unexpectedly favourable backdrop. The economic slump it is
causing will be the worst since the Industrial Revolution kicked off the huge unique economic
expansion two centuries ago which has enriched billions of people. This slump will trigger the
biggest year-on-year fall in carbon emissions of modern times.
In an AC world we will see millions of jobs lost and a sharp decline in GDP in almost every country.
And so, nations will re-evaluate how we live as a society. This evaluation must surely factor in a way
to live carbon-free. By embracing electricity and hydrogen we can make all surface transport zero
carbon now. COVID-19 is making every person evaluate their own lives and indeed the force and
power of nature. Surely if we will be changing our habits in an AC world, we can also kick our
reliance on fossil fuels and plastics?
By reimagining a world post-AC, we can reduce the carbon intensity of the world economy - one
silver lining to the COVID-19 storm that we are navigating. Indeed, the chaos from COVID-19 will be
a walk in the park when compared to the chaos that climate change will bring.

CAN COVID-19 FORCE US TO REIMAGINE A GREENER WORLD?
By Tim Yeo, Chairman of Waste2Tricity and former Environment Minister
https://www.waste2tricity.com/wp-content/uploads/2020/04/Covid19-impact-on-climate-change.pdf

Climate change is an existential threat to the human species. Unless climate stability is restored
immediately humans won't survive. To stabilise the climate action must now be taken on a scale
never previously contemplated. The nature of this threat has been known for thirty years yet the
world remains complacent. Even the language used is misleading. "Global warming" suggests
pleasant Mediterranean weather in previously cold countries, not violent storms and floods,
dangerously rising water levels forcing mass migration, unbearably hot summers and severe
droughts killing millions of people.
Our science and climate models now show that ‘business as usual’ policies will make much of the
world very uncomfortable for humans to live in by the end of this century.
Net zero must therefore be reached long before 2050 - probably not later than 2035.

W2T Press dated today
https://www.waste2tricity.com/wp-content/uploads/2020/04/Covid19-impact-on-climate-change.pdf

Part 2
The point at which climate change becomes irreversible is already perilously close. Tiny glimmers of
hope have appeared recently. More people are aware of the threat. Concepts like flight shaming did
not exist five years ago. Net zero targets weren't discussed at COP21 in Paris in 2015.
But no country which has set a net zero target yet has a credible plan for achieving it. But can
COVID-19 make the world reimagine a life without fossil fuels?
In November COP26 was due to take place in Glasgow with Britain in the chair. This delay, which is
understandable in the unique circumstances created by Covid-19, must be used to ensure that when
it eventually takes place COP26 commits the world to the most far reaching programme of carbon
reduction measures ever contemplated.
Britain, in its capacity as President of the meeting, should seize the opportunity caused by the
postponement to demonstrate its diplomatic skills by brokering as much agreement in advance as
possible. Maybe a virtual summit meeting of heads of government could take place in November at
which the UK could set out its aspirations for what COP26 will achieve in the summer of 2021?
In one respect COVID-19 is creating an unexpectedly favourable backdrop. The economic slump it is
causing will be the worst since the Industrial Revolution kicked off the huge unique economic
expansion two centuries ago which has enriched billions of people. This slump will trigger the
biggest year-on-year fall in carbon emissions of modern times.
In an AC world we will see millions of jobs lost and a sharp decline in GDP in almost every country.
And so, nations will re-evaluate how we live as a society. This evaluation must surely factor in a way
to live carbon-free. By embracing electricity and hydrogen we can make all surface transport zero
carbon now. COVID-19 is making every person evaluate their own lives and indeed the force and
power of nature. Surely if we will be changing our habits in an AC world, we can also kick our
reliance on fossil fuels and plastics?
By reimagining a world post-AC, we can reduce the carbon intensity of the world economy - one
silver lining to the COVID-19 storm that we are navigating. Indeed, the chaos from COVID-19 will be
a walk in the park when compared to the chaos that climate change will bring.

Part 1
CAN COVID-19 FORCE US TO REIMAGINE A GREENER WORLD?
By Tim Yeo, Chairman of Waste2Tricity and former Environment Minister
The immediate impact of Covid19 is being sharply felt across the world, highlighting the fragility of
the world in which we live. And, as the world grapples with this impact there must be an eye on the
horizon, looking beyond today and what life will look like After Covid (AC).
In terms of how society functions there must be an impact on travel. The world was made a lot
smaller at the end of last century by low-cost air travel but there will inevitably be less long-haul
travel.
Questions will surely be asked by Governments on migration and movement. Will we be free to
travel across the globe without restrictions? The ease of travel has surely been a factor in how this
pandemic was created.
My hope is that the experience of coming together successfully to tackle one threat to humanity
may inspire us to focus more intensively on another equally perilous danger - climate change.
Climate change is an existential threat to the human species. Unless climate stability is restored
immediately humans won't survive. To stabilise the climate action must now be taken on a scale
never previously contemplated. The nature of this threat has been known for thirty years yet the
world remains complacent. Even the language used is misleading. "Global warming" suggests
pleasant Mediterranean weather in previously cold countries, not violent storms and floods,
dangerously rising water levels forcing mass migration, unbearably hot summers and severe
droughts killing millions of people.
Our science and climate models now show that ‘business as usual’ policies will make much of the
world very uncomfortable for humans to live in by the end of this century.
Net zero must therefore be reached long before 2050 - probably not later than 2035

With 1.4 million tonnes of plastic waste created within a two hour drive of Protos, there’s certainly no shortage of source material; imagine the impact if Plastic Parks such as these were commonplace nationally.

We shouldn’t stop reaching for utopia but in the meantime let’s focus our efforts on finding the most sustainable and achievable solutions that will help us on the transition to a zero carbon world.